News Round Up: November 8, 2021

Top Story: A new brief from the Urban-Brookings Tax Policy Center analyzed U.S. Census Bureau Household Pulse Survey data to understand which families have received advance Child Tax Credit (CTC) payments and how the payments are being used. The brief found that 57% of families with a child under 18 in the household reported receiving a CTC payment within the past four weeks and about half of adults reported spending the credit on food. (Tax Policy Center)

  • A new blog post from the Center on Budget and Policy Priorities (CBPP) praised the House version of Build Back Better legislation for the steps it will take to address racial disparities, including cutting child poverty by extending the CTC expansion. (CBPP)
  • A new episode of the American Enterprise Institute’s (AEI) “Hardly Working” podcast, which focuses on national workforce trends and public policy, featured AEI Director of Poverty Studies Scott Winship’s recent research on tax credits for working families and policy proposals to support low-income families. (AEI)
  • A recent blog post from the Tax Policy Center examined strategies to promote the expanded CTC to Puerto Rican families. The American Rescue Plan made the CTC available to significantly more Puerto Rican families, but many residents do not need to pay federal income taxes. (Tax Policy Center)
  • Local organizations in Washington, D.C. are helping eligible families enroll to receive advance CTC payments, employing direct outreach strategies like tax workshops with attorneys. (Axios)
  • North Carolina Budget & Tax Center Director Alexandra Sirota discussed the Build Back Better framework and its impact for North Carolinians in a recent blog post, noting that 593,900 low-wage workers across the state will be supported by extending the Earned Income Tax Credit (EITC) expansion. (The Pulse)